Archive
Vietnam and Philippines Lead The World in Retail Crypto Adoption
For the second consecutive year, Vietnamese consumers are being recognized as the biggest adopters of cryptocurrencies, recording the highest usage of crypto-related tools, products and services, compared to other nations. This is the finding of Chainalysis’ 2022 Global Crypto Adoption
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bolttech Completes Acquisition of Indonesian Insurance Broker Axle Asia
Singapore-based insurtech firm bolttech announced it has completed the acquisition of a majority shareholding in Axle Asia, an established insurance broker in Indonesia. Axle Asia will become a subsidiary of bolttech and be subsequently rebranded. Srinath Narasimhan, General Manager for
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Indonesia’s GajiGesa Rolls Out Its Earned Wage Access Services on WhatsApp
GajiGesa, an Indonesian Earned Wage Access (EWA) platform, has announced the launch of its services on WhatsApp to provide workers access to their earnings in real-time. Through GajiGesa’s platform, employers can allow their employees to access a portion of their
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MAS Forms a Sustainable Finance Advisory Panel
The Monetary Authority of Singapore (MAS) has established a Sustainable Finance Advisory Panel (SFAP) for guidance on its strategies and initiatives to build a credible and vibrant sustainable finance ecosystem. The SFAP comprises a diverse group of senior sustainability experts
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Alvin Tan: MAS’ Framework on Loss-Sharing for Scam Victims Taking Longer Than Expected
The Monetary Authority of Singapore (MAS) found that it is taking longer than expected to design a fair and effective framework for the equitable sharing of losses resulting from scams, Minister of State for Trade and Industry Alvin Tan said
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MAS Sets up ESG Impact Hub to Drive Industry Collaboration
The Monetary Authority of Singapore (MAS) has launched the ESG Impact Hub to drive collaboration and co-location between ESG fintech startups and solution providers, financial institutions and real economy stakeholders. The launch was officiated by Ravi Menon, Managing Director of
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Thailand Stock Exchange Launches an ESG Data Platform
The Stock Exchange of Thailand (SET) has launched an ESG Data Platform to strengthen the capital market’s ecosystem on sustainability. The platform offers an end-to-end ESG data management system from listed companies’ data filing to analytics and distributed ESG data
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MAS Works Closely With the Police to Combat Crypto Scams
The Monetary Authority of Singapore (MAS) has remained vigilant to combat rising cryptocurrency scams in the country, said Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS in a parliamentary reply. He added that MAS regularly conducts surveillance to
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Vietnamese Digital Bank Timo and OpenWay Bag Award for Payments Software
Vietnamese digital bank Timo and OpenWay, a digital banking and payment software platform, received the Vietnam Technology Excellence Award for Payments Software for its digital banking platform. The award programme recognises major breakthroughs and innovative ways that technology is used
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Close to 500 Cases of Phishing Scams Involving PayNow Transactions Reported in 2021
There were 477 cases of banking related phishing scams involving PayNow transactions in 2021 with a median loss of S$3,400, according to statistics from the Singapore Police Force. Tharman Shanmugaratnam, Senior Minister and Minister in charge of the Monetary Authority
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